All of the following statements regarding sales returns and allowances are true except:
A) A reduction in the selling price because of damaged merchandise is included in sales returns and allowances.
B) There is no relationship between sales returns and allowances and the possibility of lost future sales.
C) Sales returns and allowances are recorded in a separate contra-revenue account.
D) Sales returns and allowances are rarely disclosed in published financial statements.
E) Sales returns and allowances are closed to the Income Summary account.
B) There is no relationship between sales returns and allowances and the possibility of lost future sales.
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Examples of use of empowerment in many organizations show that:
a. empowerment is frustrating to many employees b. leaders are afraid to give up power c. empowerment can lead to increased motivation d. followers are key to empowerment
When one does extra or discretionary things to improve the organization and helps coworkers who may be struggling, this is known as ______.
a. managing sideways b. managing up c. managing down d. organizational citizenship
Ultimatums typically have three components: a demand, a sense of urgency, and a threat of punishment.
Answer the following statement true (T) or false (F)
The microenvironment and the macroenvironment are both part of a company's external environment
Indicate whether the statement is true or false